ROCC Stock - Ranger Oil Corporation
Unlock GoAI Insights for ROCC
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Revenue | $1.14B | $576.82M | $273.27M | $471.22M | $440.83M |
| Gross Profit | $713.28M | $345.08M | $56.46M | $202.31M | $234.82M |
| Gross Margin | 62.5% | 59.8% | 20.7% | 42.9% | 53.3% |
| Operating Income | $675.89M | $279.40M | $21.82M | $176.82M | $208.75M |
| Net Income | $464.52M | $98.92M | $-310,557,000 | $70.59M | $224.78M |
| Net Margin | 40.7% | 17.1% | -113.6% | 15.0% | 51.0% |
| EPS | $22.99 | $5.93 | $-20.46 | $4.67 | $14.70 |
Ranger Oil Corporation, an independent oil and gas company, engages in the onshore exploration, development, and production of crude oil, natural gas liquids, and natural gas in the United States. It engages in drilling unconventional horizontal development wells; and operates producing wells in the Eagle Ford Shale field in South Texas. As of December 31, 2021, it had total proved reserves of approximately 241 million barrels of oil equivalent; and 860 gross productive wells, as well as leased approximately 172,000 gross acres of leasehold and royalty interests. The company was formerly known as Penn Virginia Corporation and changed its name to Ranger Oil Corporation in October 2021. Ranger Oil Corporation was incorporated in 1882 and is headquartered in Houston, Texas.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| March 9th 2023 | Truist | Downgrade | Hold | $43← $52 |
Earnings History & Surprises
ROCCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2024 | May 7, 2024 | — | — | — | — |
Q1 2024 | Mar 6, 2024 | — | — | — | — |
Q4 2023 | Oct 31, 2023 | — | — | — | — |
Q3 2023 | Aug 1, 2023 | $2.62 | $5.62 | +114.5% | ✓ BEAT |
Q2 2023 | May 8, 2023 | $2.53 | $4.33 | +71.1% | ✓ BEAT |
Q1 2023 | Mar 8, 2023 | $2.82 | $4.98 | +76.6% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $3.07 | $6.18 | +101.3% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $2.62 | $5.62 | +114.5% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $2.24 | $4.68 | +108.9% | ✓ BEAT |
Q1 2022 | Mar 7, 2022 | $1.74 | $2.53 | +45.4% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $1.19 | $1.15 | -3.4% | ✗ MISS |
Q3 2021 | Aug 3, 2021 | $0.79 | $1.05 | +32.9% | ✓ BEAT |
Q2 2021 | May 4, 2021 | $0.34 | $0.39 | +14.7% | ✓ BEAT |
Q1 2021 | Mar 8, 2021 | $1.00 | $1.43 | +43.0% | ✓ BEAT |
Q4 2020 | Nov 3, 2020 | $0.88 | $1.14 | +29.5% | ✓ BEAT |
Q3 2020 | Aug 6, 2020 | $0.91 | $1.29 | +41.8% | ✓ BEAT |
Q2 2020 | May 7, 2020 | $1.31 | $1.89 | +44.3% | ✓ BEAT |
Q1 2020 | Feb 27, 2020 | $1.92 | $2.75 | +43.2% | ✓ BEAT |
Q4 2019 | Nov 7, 2019 | $1.88 | $1.97 | +4.8% | ✓ BEAT |
Q3 2019 | Aug 7, 2019 | $2.04 | $1.96 | -3.9% | ✗ MISS |
Latest News
Frequently Asked Questions about ROCC
What is ROCC's current stock price?
What is the analyst price target for ROCC?
What sector is Ranger Oil Corporation in?
What is ROCC's market cap?
Does ROCC pay dividends?
Similar Stocks
Energy SectorExplore stocks similar to ROCC for comparison